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Nov 26, 2012
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. >> i think you should be worried if you have a defense job and we all ought to be worried whether we are dependent upon other aspects of the federal budget. whether we're worried about the regulation of our food safety, whether we're worried about our borders being secure, whether we're worried about fbi being supported, it's all affected by sequestration. >> joining me now, cnbc washington reporter eamon javers. you heard the numbers we just ran down. what is the short-term tangible consequence if we don't get action on the fiscal cliff. >> cote is right, it does cause uncertainly. life is uncertain and so they know that there's going to be this issue and that washington is going to wrestle with it. in the short term, the very short term, i think actually some of the hype around the fiscal cliff is a little overblown, particularly because the first couple of days or week or so after we go over the fiscal cliff we won't see all that many impacts. all these tax and spending impacts take months to go into effect. it doesn't impact the economy until people start paying taxes, which coul
. >> i think you should be worried if you have a defense job and we all ought to be worried whether we are dependent upon other aspects of the federal budget. whether we're worried about the regulation of our food safety, whether we're worried about our borders being secure, whether we're worried about fbi being supported, it's all affected by sequestration. >> joining me now, cnbc washington reporter eamon javers. you heard the numbers we just ran down. what is the short-term...
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Nov 26, 2012
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us spend together on defense. we've got to cut the military budget. that's got to be part of it. and we've tot have a mature responsible attitude, and i think we democrats have to produce votes some of which are going to be painful and some risky to us. but lord knows if this is isn't the time to take risks for benefits for the country, when is it? >> when will republicans be willing to take cuts. >> i agree with ed. it makes me more nervous than i think it makes ed. we look around the world. we've about got a lot of challenges today. i agree with the proposition that the defense has to be on the table because i think everything has to be on the table. but i think national security is important and down the road we have to be careful how we cut the defense budget. but i want to make a point. if you put everything on the table, it's not as painful for members as they think it's going to be. what's going to make this painful is the more things they take off the table so that they do indeed have to inflict great pain
us spend together on defense. we've got to cut the military budget. that's got to be part of it. and we've tot have a mature responsible attitude, and i think we democrats have to produce votes some of which are going to be painful and some risky to us. but lord knows if this is isn't the time to take risks for benefits for the country, when is it? >> when will republicans be willing to take cuts. >> i agree with ed. it makes me more nervous than i think it makes ed. we look around...
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Nov 26, 2012
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listen to what tom ricks, the defense expert and pulitzer price winner -- listen to what he has had to say. >> senator mccain says he would block any chance to nominate susan rice to become secretary of state. she's currently the u.n. ambassador. he seems to be backing away from that. what do you think? >> i think benghazi was hyped by this network especially and now that the campaign is over i think he's backing off a little bit. they are not going to stop susan rice from being secretary of state. >> benghazi was hyped, especially by the network, but it doesn't stop there. >> you have four people dead including the first u.n. ambassador. >> i see this focus on a small fire fight. i've covered a lot of fire fights. it's impossible to figure out what happens. second, i think that the effort of benghazi have been extremely political partly because fox was operating as a wing of the republican party. >> all right. tom ricks, thank you very much for joining us today. >> yes, tom, see you later. take that troop somewhere else. joining me now is joe madison, nationally syndicated radio host
listen to what tom ricks, the defense expert and pulitzer price winner -- listen to what he has had to say. >> senator mccain says he would block any chance to nominate susan rice to become secretary of state. she's currently the u.n. ambassador. he seems to be backing away from that. what do you think? >> i think benghazi was hyped by this network especially and now that the campaign is over i think he's backing off a little bit. they are not going to stop susan rice from being...
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Nov 26, 2012
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do, was made very clear at the press conference he had last week or so where he gave a full-throated defense of her and said to both senators john mccain and lindsey graham, don't go after her. if you have an issue with someone, come after me. and so that's the clearest indication yet that susan rice is probably at the top of the nomination heap. >> indeed. jonathan capehart, lynn sweet, thank you both. >> thank you. >>> next, want to avoid holiday traffic, daily commutes, and offices altogether? run for congress. stay with us. with verizon. this monday online only. get the droid razr by motorola in cranberry, free. or a white 7-inch samsung galaxy tab 2, just $99.99. this holiday, get the best deals on the best devices on the best network. exclusively at verizon. >>> after a brief break for thanksgiving, the majority of americans made the trudge first back home and then back to work this morning, but this did not include our esteemed elected members of capitol hill. oh, no. with an urgent need to address the fiscal cliff, support our economic recovery and consider the unrest in the middle e
do, was made very clear at the press conference he had last week or so where he gave a full-throated defense of her and said to both senators john mccain and lindsey graham, don't go after her. if you have an issue with someone, come after me. and so that's the clearest indication yet that susan rice is probably at the top of the nomination heap. >> indeed. jonathan capehart, lynn sweet, thank you both. >> thank you. >>> next, want to avoid holiday traffic, daily commutes,...
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Nov 26, 2012
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the defense will be at the top of its game in the right game. falcons -- joe, you know this -- about not winning in the playoffs. nobody's going to take them seriously until they do. >> and the giants good on the road. it won't bother the giants if they have to play a couple of road games in this season. >> quick bcs, see what you think, notre dame wins at usc, they're in. basically another semifinal on saturday. winner of alabama/georgia gets in. a lot of people think alabama will roll in that one. if it is notre dame/alabama, where do you give the edge? >> that's an interesting game. notre dame has all that karma, they'll be a big underdog. they'll play into that. but i think if you give nick saban a second chance to redeem his season with that quarterback, i think alabama will win the game against notre dame. >> i think so, too, which makes me think that notre dame still finds a way. you know, it all lines up against notre dame, and they just find a way. >> good karma, the tight end's good. if the quarterback plays well, he'll do a good job i
the defense will be at the top of its game in the right game. falcons -- joe, you know this -- about not winning in the playoffs. nobody's going to take them seriously until they do. >> and the giants good on the road. it won't bother the giants if they have to play a couple of road games in this season. >> quick bcs, see what you think, notre dame wins at usc, they're in. basically another semifinal on saturday. winner of alabama/georgia gets in. a lot of people think alabama will...
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Nov 28, 2012
11/12
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dunn's attorney says he shot out of self defense. tell me more. >> it began black friday 7:00 pm. not that late at night. four black youths are in an suv, listening to music. and it is very loud. they admit that. they're in an suv. michael dunn lodges a complaint, says something. it escalates from there. you heard the attorney claim that these young men answered back with foul language and made threats and then apparently somebody produces a gun and so michael dunn, who had his own weapon, pulls it out and fires eight or nine times into that vehicle. he drives off and he tells authorities the reason he drove off, he didn't realize he had struck anybody, but he had. he had struck that 17-year-old youth who died a few minutes later. >> were any guns found in the teenagers' car? >> no, they didn't find a gun inside the teens' vehicle. the attorney makes the claim it's quite possible they could have tossed that gun before the police arrive on the scene but the youths maintain they didn't have a gun at all. >> did dunn call the police or -- >> he didn't. that is what has struck many pe
dunn's attorney says he shot out of self defense. tell me more. >> it began black friday 7:00 pm. not that late at night. four black youths are in an suv, listening to music. and it is very loud. they admit that. they're in an suv. michael dunn lodges a complaint, says something. it escalates from there. you heard the attorney claim that these young men answered back with foul language and made threats and then apparently somebody produces a gun and so michael dunn, who had his own...
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Nov 26, 2012
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this latest defense system is known as david's sling, it's israel's third attempt. and it's similar to the iron dome system. news of the test comes off he hezbollah promised that thousands of rockets would reign on israel if it attacked lebanon. >> police are investigating a black friday brawl that had a lot to do with more than a good bargain. you see that guy in black, we are hearing the fight at this reportedly upscale mall was possibly over a sale on underwear. other shoppers scattered as the violence spilled over the mall barriers, this in california now. witnesses say thing could have ended much worse if security officers had not stepped in when they did. martha: craziness out there, crazy, look at that. the lines stretched around the block but last week's black friday sales president bush actually down from last year. there may be some redemption for the retailers today, they wait for the cyber monday sales to come in and those are expected to be the highest weave over seen. online sales are expected to top $1.25 billion and hit $1.5 billion today alone. we'l
this latest defense system is known as david's sling, it's israel's third attempt. and it's similar to the iron dome system. news of the test comes off he hezbollah promised that thousands of rockets would reign on israel if it attacked lebanon. >> police are investigating a black friday brawl that had a lot to do with more than a good bargain. you see that guy in black, we are hearing the fight at this reportedly upscale mall was possibly over a sale on underwear. other shoppers...
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Nov 27, 2012
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in the area of defense. >> i want to bring in u.n. ambassador susan rice, who has a meeting on the hill in the next hour to meet with senators john mccain, lindsey graham to answer questions about the benghazi attack. word is that the president could pick -- his pick for secretary of state as early as this week. would you oppose rice if she were nominated? >> i'm sorry, i lost the feed. i can't hear -- >> can you hear me, sir? i'm afraid he has lost our audio. >> thanks to senator mike lee of utah, talking about the fiscal cliff this morning. not talking about ben gauzesy because the audio feed went down. >>> top stories this morning. winter storm headed for the northeast. we'll get a quick check on the weather with alexandra steel. >>> good morning to you guys. a quick storm, rain and snow moving in. you can see it there. it's finite. it will move in today and move out today as well. delineated in pennsylvania, the white where the snow is, pink is rain and snow and, of course, the rest is rain. we'll see the rain change over to snow
in the area of defense. >> i want to bring in u.n. ambassador susan rice, who has a meeting on the hill in the next hour to meet with senators john mccain, lindsey graham to answer questions about the benghazi attack. word is that the president could pick -- his pick for secretary of state as early as this week. would you oppose rice if she were nominated? >> i'm sorry, i lost the feed. i can't hear -- >> can you hear me, sir? i'm afraid he has lost our audio. >> thanks...
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Nov 29, 2012
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samsung may have found a way to get a leg up defense japanese rivals on on the digital camera front. cheri has the details from seoul. >> yeah, samsung today took the wraps off its new android powered digital camera. the camera that has a smart phone like tendencies allows users to upload their photos to their favorite social networking site wirelessly. that means you can connect without hooking it up to a computer. this may not be a break through technology, but remember, samsung is getting serious about its digital camera business when it merged its digital imaging business under its mobile umbrella. analysts say they expect a huge smart phone style marketing blitz that will in the words of samsung's mobile division chief, quote, open a new channel in visual communications. it is big business. the sector is expected to be worth $46 billion by 2017. back to you. >> thanks very much for that. staying with cameras, will i ahmadinejam is in london to launch his first product. it's designed to turn your iphone into a super camera. the man himself has been showing off the gadget. >> i th
samsung may have found a way to get a leg up defense japanese rivals on on the digital camera front. cheri has the details from seoul. >> yeah, samsung today took the wraps off its new android powered digital camera. the camera that has a smart phone like tendencies allows users to upload their photos to their favorite social networking site wirelessly. that means you can connect without hooking it up to a computer. this may not be a break through technology, but remember, samsung is...
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Nov 29, 2012
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i think a chunk of that was going to be defense. a big chunk is not a defense. the 2.7 i don't think is sustainable in and of itself. before this number came out, the government had added 0.7 to the total 2% that was out there. so this 9.5%. it could be something of a rebound. it's not a sustainable way to do it. you have slight skpoerts. inventis added something compared to last time. but look at the internals. i think rick gave us 2% down to 1.4 was the revision in consumer spending. something to watch. now, i'm not sure that that number -- the real number, the underlying trend is quite as weak as that but it's not going to be a whole long stronger than the original print. then you look at the numbers. what really should trouble you is the business investment numbers which are down 2.2%. if you could see a rebound in that, now maybe, joe, this is what you're talking about. you get a situation where businesses start to spend and then you can start to sense it. >> steve, we had volcker -- we did this interview with volcker and the thing that they always do wrong
i think a chunk of that was going to be defense. a big chunk is not a defense. the 2.7 i don't think is sustainable in and of itself. before this number came out, the government had added 0.7 to the total 2% that was out there. so this 9.5%. it could be something of a rebound. it's not a sustainable way to do it. you have slight skpoerts. inventis added something compared to last time. but look at the internals. i think rick gave us 2% down to 1.4 was the revision in consumer spending....
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Nov 29, 2012
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the supreme court will decide tomorrow whether ta take up the defense of marriage act. two federal appeals courts have ruled against section three of doma which bans federal benefits for same-sex couples. experts say it is likely the court will reconsider doma and it will make that announcement next week. we'll be right back. you're about to watch an viewer created ad message for little caesars who proudly salutes united states veterans everywhere. >> clarksville is a small town on the tennesse/kentucky boader and it is a really great place to raise a family. my name is lloyd allard i was a chief officer in the special forces, i was in the army for 23 years. i have made 1400 parachute jumps. well, my experience in the military was varied. i spent a lot of time in iraq, a lot of time in kuwait. i did two tours in iraq and i decided it was time to do something different with my life. i saw little caesars as a way to give something back to my family. the little caesars veterans program provides financial support and equipment when you open your store. the little caesars ve
the supreme court will decide tomorrow whether ta take up the defense of marriage act. two federal appeals courts have ruled against section three of doma which bans federal benefits for same-sex couples. experts say it is likely the court will reconsider doma and it will make that announcement next week. we'll be right back. you're about to watch an viewer created ad message for little caesars who proudly salutes united states veterans everywhere. >> clarksville is a small town on the...
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Nov 27, 2012
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but you can't do that until you talk about how you're going to fund a defense and not increase revenue. with the cliff that we're faced with, we're talking about maybe a 50% reduction in the defense department, and so, you have to talk about how you're going to pay for all of this. >>, and lastly, it was so interesting, we're talking about fiscal cliff. we're talking about an avalanche. we're talking about an austerity problem. this is very strong language, very scary words. >> yes. >> the american public is not going to accept anything short of some sort of a compromise. are those words sort of floated out there something to manage expectations, possibly? >> well, you know, the press has basically coined the fiscal cliff and promoted the idea of this catastrophic position that the congress finds itself in. i think that what the public is looking for is they're looking for reasonable, sensible legislators to talk about what is possible. they're looking for both sides to be willing to compromise. but one thing we know for sure, the president has a mandate. the people have spoken, and th
but you can't do that until you talk about how you're going to fund a defense and not increase revenue. with the cliff that we're faced with, we're talking about maybe a 50% reduction in the defense department, and so, you have to talk about how you're going to pay for all of this. >>, and lastly, it was so interesting, we're talking about fiscal cliff. we're talking about an avalanche. we're talking about an austerity problem. this is very strong language, very scary words. >> yes....